… doing to help get those people back into their communities is very different from what maybe a Malibu needs. But embedded in all of these communities, people tend to generalize. Palisades had a big percentage of people that lived there, that had lived there for 30, 40, 50 years, that were underinsured, maybe house rich, cash poor, cannot afford to rebuild. And that's very sad. And same in Malibu, certainly the same in Altadena. So there are multiple strategies in each of these communities. (21:38–21:56)
CLAIM
Asserts that many long-term residents in Palisades are underinsured and cannot afford to rebuild.
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